There are two distinct ways to think about and present the phenomenon of peak oil. It’s easy to describe what peak oil actually is, it’s the global peak in extraction rate of petroleum. It could be specified as the peak rate in million barrels per day or the date on which this peak […]
Whilst in Dublin at the Feasta Conference I was able to keep up with news over the Internet. The BBC News front page had a three interesting stories on Friday 24th June 2005.
Firstly Oil price hits $60 for second day which reported on the second consecutive day of >$60 oil. The reasons were […]
Today I heard about a new film that was released in the States on the 17th June 2005. It sounded like a run of the mill corporate, political, espionage affair but it was about oil and there aren’t very many mainstream films about oil so I thought I’d investigate a little further.
The film is […]
From Friday 17th to Sunday 19th June 2005 I attended the Living on the Cusp seminar at Braziers Park in Oxfordshire, UK. The seminar was presented by Naresh Giangrande and covered peak oil, non-renewable alternatives to oil, renewable alternatives to oil, energy return on energy invested (EROEI), carrying capacity, ecological footprint, ghost acreage, exponential […]
The UK has already peaked. The rate of oil extraction from the UK portion of the North Sea is now in decline after peaking at 3.1 million barrels per day in 1999. The extraction rate today stands at 1.9 million barrels per day, almost 40% down from the peak of just six years […]
Now I’m not an expert in the oil futures market but I think something significant happened today. For the first time on the New York Mercantile Exchange the futures price of Light, Sweet Crude Oil was in full contango. Contango is a condition in which distant delivery prices for futures exceed spot […]
Draft expansion plans for Heathrow were published today. I can only presume they are serious and this is not someone’s idea of a joke. The proposals are for a third runway and a sixth terminal.
Expansion plans could see the annual number of passengers rise from 67m to 116m in 2030.
http://news.bbc.co.uk/1/hi/england/london/4612393.stm
This £7bn development would […]
Whilst I was personally unable to attend The Association For the Study of Peak Oil & Gas (ASPO) IV International Workshop on Oil and Gas Depletion 19-20 May 2005, Lisbon, Portugal, the workshop material and coverage of the event is now available online.
First and foremost the workshop (although I believe the term workshop is […]
After hearing about Colin Campbell’s most recent publication in the July ’04 ASPO newsletter I had to order myself a copy.
I obtained my copy direct from Eagle Office, they didn’t have the facility to take credit card payment on-line but phoning the number on the website was quick and easy, I spoke to Gemma […]